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Daily Update

WBTF Daily Update No. 6: Goods move faster, trade keeps travelling

WBTF Editorial Team

Today's five headlines: the global economy and business travel

1. [GCC] The UAE becomes the first country outside Europe to adopt digital customs "passports for goods"

The UAE began rolling out the eATA Carnet system on 9 November, becoming the first country outside Europe to issue and process ATA Carnets electronically. It is run through Dubai Chambers, the Federal Authority for Identity, Citizenship, Customs and Port Security and Dubai Customs (Dubai Chambers). ATA Carnets let exhibitors, sales teams and production crews bring samples and professional equipment into a country duty-free for up to a year, as long as the goods leave again. Paper documents are being replaced with digital declarations and QR codes (Yonhap/PR Newswire). Between 2011 and 2025, 63,591 carnets covering goods worth AED54.4bn (about US$14.8bn) were issued and received in the UAE (Arabian Business). The change follows the rollout in 30 European countries in June 2026, and the system is due to be fully digital worldwide by 1 January 2028 (Yonhap/PR Newswire).

WBTF view: This is trade facilitation with a direct business-travel dividend. Faster clearance for exhibition kit and samples makes Dubai easier and cheaper to choose for trade fairs, roadshows and conferences.

2. [Asia-Pacific] China extends its tariff truce with the United States to January

China's State Council Tariff Commission said the suspension of its additional 24% tariff on US imports will continue for two months from 10 November, while a 10% additional tariff remains in place (Xinhua via gov.cn). Beijing has also extended, until 10 January 2027, the suspension of special port fees on US-linked ships and waivers on some critical-mineral export controls. A proposed US$60bn package of reciprocal tariff cuts has not yet been finalised (Reuters via The Charlotte Observer). Presidents Xi and Trump are expected to meet at the APEC leaders' meeting in China next week (Reuters via The Charlotte Observer).

WBTF view: The world's two largest economies have avoided a cliff edge, but only for two months. Companies planning sourcing trips, factory audits and trade fairs in Asia for the first quarter should build in flexibility.

3. [Africa] The IMF says Ghana's stabilisation is "becoming entrenched"

The International Monetary Fund said Ghana's economy grew 6.2% in the first half of 2026, and it expects full-year growth of 5.7%. Inflation fell to 5.5% in October, below the Bank of Ghana's target range of 6% to 10% (Channel Africa). The IMF and the authorities reached a staff-level agreement on the first review of Ghana's Policy Coordination Instrument. The IMF also warned that foreign-exchange reserves have fallen in recent months and that Ghana remains exposed to gold, cocoa and oil prices (Channel Africa).

WBTF view: Stable prices and steady growth make West Africa a more predictable place to invest. More investment usually brings more business trips, project teams and regional meetings, which strengthens the case for better air links between Accra, Lagos and the Gulf hubs.

4. [Global] Amadeus sees air bookings recover as cancellations ease

Air bookings through Amadeus fell 0.8% year on year in the third quarter to 121.2 million, a much smaller decline than the 7.6% fall in the second quarter, as cancellations gradually returned to normal (Business Travel News Europe). Western Europe rose 1.4%, while the Middle East and Africa and Latin America were each down 3.4%, and Asia-Pacific was down 1.7%. Sabre described corporate travel demand as "resilient" in the quarter (Business Travel News Europe). Amadeus group revenue rose 6.4% to €1.7bn (about US$1.9bn), and the company said NDC bookings are still "in the low teens" as a share of bookable inventory (Business Travel News Europe).

WBTF view: Global distribution data are among the earliest signs of corporate demand, and they point to a recovery that is under way but uneven. The Middle East is still catching up with Europe.

5. [Europe] Spain prepares for a general strike that will disrupt air and rail travel

Spain's CCOO and UGT unions have called a 24-hour general strike for Wednesday 11 November over wages, working conditions and housing, ahead of the general election on 29 November (Business Travel News Europe). Minimum services will keep 57% of international flights at Madrid-Barajas and 56% at Barcelona-El Prat, but only about a third of domestic flights. Renfe train drivers are also striking on 10 and 12 November (Business Travel News Europe).

WBTF view: Anyone with travellers in Spain this week should check bookings, confirm travellers' locations and move internal meetings online where possible. This is basic duty of care.

Why this matters for WBTF Dubai, 3 February 2027

Today's stories show a world still running on movement: goods crossing borders for trade fairs, a tariff truce that keeps factories and buyers connected, a recovering West African economy and booking systems that are recovering after a difficult year. The 4th edition of the World Business Travel Forum, New Horizon, will bring together 70 to 100 senior buyers, travel managers and suppliers in Dubai on 3 February 2027 for a day of practical exchange on budgets, routes, technology and risk. It also sets the agenda for the larger annual World Business Travel Forum later in 2027.

Join the conversation: worldbusinesstravelforum.com

There is no business without business travel.